The Facts of a Mixed Economy
- The US is a mixed economy
- Some of the economy is left to the free market while the rest is controlled by the government
- Mixed economies start from the basis allowing private enterprise to run most of the businesses
- Consumers choice
- Also a lot of competition to keep prices low
Some people think that Mixed Economies have heavy taxes that can reduce incentives to make you work hard and make profits so that there also efficient than a private sector. Mixed economies have a private sector that is encouraged by profits. It is the consumers choice of business and mixed economies provide helpful services.
In conclusion Mixed economies provide helpful and very efficient ways for you make good money for yourself. Nobody can tell you what to do or how to or what to spend your good hard earned money on! You and only you is the leader and boss of the choices you make so hopefully the Mixed Economy is right for you!